YAMATO HOLDINGS CO., LTD. LAUNCHES INTERNATIONAL MULTIMODAL TRANSPORT SERVICE BY TRUCK AND RAIL CONNECTING SOUTHEAST ASIA AND EUROPE ON MAY 1, 2024
AsiaNet 0200130 TOKYO, May 2, 2024 /Kyodo JBN/ -- - Supporting Establishment of Resilient Global Supply Chains in Response to Geopolitical Risks - Yamato Holdings Co., Ltd., headquartered in Tokyo, launched an international multimodal transport service by truck and rail connecting Southeast Asia and Europe on May 1, 2024. Logo: https://cdn.kyodonewsprwire.jp/prwfile/release/M106587/202404249931/_prw_PI1fl_17kUqzDz.jpg 1. Background and Purpose The Southeast Asian region is a hub for production facilities of electronics-related products and automotive components from various countries worldwide. Finished goods are shipped from the region to markets across the globe. Historically, the shortest maritime route -- the Suez Canal route -- has been predominantly used for transporting goods from Southeast Asia to the European market. However, since late 2023, armed attacks on vessels by militant groups in the Red Sea and its adjacent waters have continued. As a result, many ships ha
